Good Signal for Long Position

Weekly Chart
snapshot

SNXUSDT has tested and failed Head Shoulders Pattern so it's still in Triangle Pattern

We zoom out to daily chart
snapshot

Now, it's trading at 2.31x and can be down more
I found a fair value gap (FVG) around 2.15 and this level is also a confluence zone by 0.618 Fib Re and 1.618 Fib Re
That's why I think SNX will bounce back with nearly 20% profitable

Wait and see what happen
What do you think, share it to me
confluencetradingDEFIfairvaluegapFibonacciFibonacci Retracementlayer1smcconceptsSupply and DemandSupport and Resistancetrieutv

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